Rent to Own Homes near
Lebanon, MO

Top 3 Reasons to Live in Lebanon

In an interesting tidbit from history, the city of Lebanon in Missouri was actually named after the city of Lebanon in Tennessee. While this is strange, compared to how most towns get their names, it's nowhere near the strangest thing about Lebanon. This title would have to go to the magnetic water in the town. That's right: the water is magnetic. Don't worry too much, though; people actually come to bathe in the water, believing that it has healing properties.

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Home values on a positive trend! Although many American cities had far different experiences during the bursting of the housing bubble, Lebanon's was right in line with America's average. In fact, the drop in Lebanon's home valuations over the last five years was only a tenth of a percentage point away from the American average. Over the past decade, though, housing values have gone up nearly 17 percent in the city. As a result, everything from rent to own houses near Interstate 44 to condos near Gasconade City Park could be a great investment, since valuations are on a positive trend.

History for any taste! It's easy to tout museums or art galleries as positive aspects of a city, but what if a resident doesn't like natural history and there's only a natural history museum in town? Or what if the only historical landmark is an alleged haunted house and a resident just finished watching Halloween? Fortunately, the history in Lebanon can meet all tastes. If someone is interested in dark history, the Laclede County Jail, aka Laclede County Museum, is nearby. NASCAR fans? The Lebanon Interstate 44 Speedway, over 30 years old and the only oval asphalt track in Missouri, is here. For those who just like old places? The Ploger-Moneymaker House was constructed in 1880, so check that out.

Low taxes and affordable housing! Even though property valuations in the area have been on the rise, it still doesn't cost an arm and a leg to purchase a place in Lebanon. In fact, housing prices in the city are 44 percent lower than the national average. In addition, property tax rates are nearly half of what other cities in America pay on average. This is all on top of the fact that over 60 percent of all homes in the area are inhabited by owners rather than renters. This means you're getting great value on housing in a place where people actually enjoy living. So live it up and use those savings to travel up the interstate and visit the Bear Creek Conservation Area or to just enjoy a weekly movie at the Lebanon Ritz 8 Theater.

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